Let me ask a question to understand better. When a stock has dividends, the dividends are expressed in dollars. On the other side when Bitcoin produces value it does so in bitcoin itself. Let’s look for a more pure example at another currency: Dash. Dash has a cash flow in Dash: if you have 1000 dash you can set up a masternode, and will get about 1.8 dash every 8 days. Which ends up about an 8% annual. So there is a real cash flow. But I have difficulties in evaluating this cash flow using traditional evaluation tools because this is expressed in Dash, and if Dash looses value, the gain will be lower.

How do you evaluate the cash flow when the cash flow is expressed in a currency different than your basic currency (dollars, euro, pounds, …)?